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-down govement approach which thinks that government can do a better job than free people pursuing their dreams. >> it's thursday, october 4th, and "starting point" begins right now. >> good morning! welcome, everybody. our starting point this morning is the morning after debate night in america. both candidates are on the campaign trail today, again, after the first of three presidential debates, the first one, of course, in denver last night. president obama and mitt romney going toe to toe on critical issues, like the economy and health care. and by most accounts, it was mitt romney who emerged the victor. lots of debate analysis ahead on "starting point." we'll be talking live with john mccain of arizona and rand paul of kentucky. from team obama, we'll be speaking with martin o'malley and campaign spokeswoman, jen psaki. plus, obama's former economic adviser, austan goolsbee. first, though, a look at the instant reaction from the debate in the cnn/orc poll, of debate watchers taken right after the debate, 67% say they think romney won. 25% only thought the president won. cnn's dana bash jo
jobs were add in july and august that government auditor didn't notice in the beginning. they revised their numbers. actually, july, august were stronger than expected to the tune of 86,000. 7.8% unemployment rate. what does that mean? the best since january 2009. when we dig within these numbers, carol, we can also see that some 418,000 people entered the workforce in the month. they are feeling a little more confident about things. either that or they've been out of the workforce for so long they've got to try to get in and get a job. you've got more people coming into the workforce. overall, 114,000 jobs created. they were in health care, transportation and government jobs. government jobs, three months in a row now. we've been seeing government layoffs for many, many, many months in a row. government jobs, transportation warehousing and we've been seeing -- everything else is pretty much flat in terms of job categories. the headline, carol, 7.8% is the unemployment rate. one more jobs report until the election. >> okay. so the political implications of this already coming in. in f
had when he ran four years ago that a bigger government, spending more, taxing more, regulating more, if you will, trickle down government would work. >> reporter: president obama sounded a familiar alarm, warning of romney's been there, done that economics. >> the approach that governor romney is talking about is the same sales pitch made in 2001 and 2003. and we ended up with the slowest job growth in 50 years. >> reporter: but whether it was health care, jobs, or medicare, it was romney who stood out for his aggressive style. >> i just don't know how the president could have come into office facing 23 million people out of work, rising unemployment, an economic crisis at the kitchen table and spend his energy and passion for two years fighting for obama care. >> reporter: the president made his points in a slower, laid back manner, often appearing disengaged. it's not that he didn't try to rip apart romney's economic plan. >> that kind of top down economics where folks at the top are doing well so the average person making $3 million is getting a $250,000 tax break while middle cl
the conservative idea that we wouldn't have this big government, we would have individual responsibility. suddenly republicans say, oh, individual responsibility from obama, no. that's socialism. we want to be the pro-moocher party. just go into the emergency room and let the government pay for it. >> come on. come on. >> obama adopting a republican idea. >> in general though i think the idea that this was a republican idea, this was an idea that a couple think tankers put forward, a few republican politicians latched onto. it wasn't an idea that republicans as a whole had rallied behind. and i think you're right, van, there's a whole in the republican narrative. there isn't a republican alternative. that's not the same thing as saying the president's bill is just what reasonable -- >> okay. hold that thought. we're going to get to unsolicited advice next. we'll be back in a second. don't go away. more next. now, that's what i call a test drive. silverado! the most dependable, longest lasting, full-size pickups on the road. so, what do you think? [ engine revs ] i'll take it. [ male announcer ] it
that the government takes. and a lot of social media speculation about how those two numbers could be so different. but all of the economists we talked to, everyone who is trusted in the field of economics, says it's a statistical anomaly, not funny business. but 7.8% is the number for the unemployment rate. i want to talk about stocks. there's a survey of economists for cnn money, that says the stock market rally may be over. and here's why. you had a really great year. and these economists, investment strategists, money managers, 37 of them, say after a healthy year, they expect stocks will close, the s&p 500, right where it is. at 1440. they're not saying get out of stocks. if you're getting in right now, a great part of the run has already happened. a couple of things you have to worry about. the fiscal cliff, something i talk about all the time. presidential election, european debt crisis, these are things on the horizon. some economists and money managers will tell you they're bullish. and they think the fiscal cliff will get resolved. through the election, you could see stocks move up. the
Search Results 0 to 4 of about 5